I always check out MoMA to see if there are any new fantastic products that I can actually afford. Unfortunately there rarely are. I did however stumble across this KarrySafe Phone Pouch the other day, and was surprised to find it quite affordable. But what is it and why do I need it you ask? Well the designers over at Vexed Generation have a whole line of fashion products that are designed for high crime areas, where you need a little something extra to keep your goods safe. The KarrySafe Phone Pouch is designed to give you a place to carry your cell phone, where you don't have to worry about someone snatching it from you. I thought it was a pretty novel idea. I bet your iPod would fit in there quite nicely as well.
Available here for $12.